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Univariate Tests Examine Extent Of Csr Disclosures Economics Essay

企业社会责任信息披露的单因素试验程度

单因素试验是研究企业社会责任信息披露分别与公司的资源和所有制结构的之间的独立关系。表8显著地显示了有形资产和无形资产与企业社会责任信息披露的三个采样年的程度的关系。这表明，公司资源的可用性将影响公司参与企业社会责任活动的程度，但是并没有披露股权结构的相互作用。

此外，测试结果显而易见地表明了政府拥有的公司和企业社会责任信息披露的程度。这意味着由政府拥有的股份百分比越高，企业社会责任信息披露程度越大。相比之下，从一览表A我们发现家庭拥有的企业与企业社会责任披露显著负相关，结果如表8所示。同时，家庭成员的觉悟越高，就越没有可能将企业参与企业社会责任活动并披露。


Univariate tests are undertaken to examine the separate association between the extent of CSR disclosures and companies’ resources and the ownership structures respectively. Table 8 shows that the tangible and intangible assets were significantly positively associated with the extent of CSR disclosures in all three sampled years. This indicated that the availability of the companies’ resources would influence the companies to participate in CSR activities and disclosures without the interaction of ownership structures.

In addition, a positive significant result was found for the government owned companies and the extent of CSR disclosures. This implied that the higher the percentage of shares owned by the government, the more CSR disclosures were made. In contrast, the family owned companies are found to have a significant negative association with CSR disclosures as presented in table 8. The higher the family members on board, the less likely will companies participate in CSR activities and disclosures.

The hierarchical regression results presented in Table 9 show the extent to which the regression coefficient vary across different sub-population. The regression analysis for the first model was undertaken to examine the influence of control variables which were return on assets and the leverage of companies with the extent of CSR disclosures. It was found that only return on assets had a significant positive relationship with CSR disclosures. It implied that the higher the amount of profits gained by companies, the more CSR activities and disclosures were made. CHECKED WITH LR

The second model represented the analysis on the relationship among the companies’ resources, CSR disclosures and the control variables. Table 9 shows that tangible assets had significant positive relationships with the extent of CSR disclosures for the three sampled years with the presence of both control variables. This indicated that the availability of tangible assets encouraged companies to participate in CSR activities and disclosures. However, the presence of intangible assets only showed a significant result in 2007. This was probably due to the lack of awareness among corporate citizens about the strategic use of intangible assets will lead companies to gain sustainable competitive advantages.

Finally, all the independent variables, mediating variables as well as control variables were included in the last regression model. The improvement in the result was clearly evidenced whereby both corporate resources were found to have a strong influence on the extent of CSR disclosures except for intangible assets in 2006 with the presence of interaction effect from ownership structures. Inconsistent findings were reveled for both ownership structures. Further explanation on the regression analysis findings for model 3 is presented in the next part of this thesis.

Coefficient for each variable is shown with t – &tar3本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。